California, which remains mired in an affordable housing crisis, saw its population decline last year for the first time in more than a century. And the demographics of its cities and suburbs remain in flux as many residents, particularly young families with children, leave its urban centers for more affordable homes in further-flung spots.

The cooling was more apparent in the Los Angeles Metro area, where the median home price — $725,000 — remained unchanged from last month; along the Central Coast, where the median sales price dipped 2.8 percent in May, and in California’s far north, where the median sales price slipped from $367,250 to $365,000. One area that doesn’t appear to be slowing, however, is the condo and townhouse market, which in May recorded an increase in median sales price of 3.9 percent, up to $592,000.

Jonathan Miller, of the appraisal firm Miller Samuel, compiles the monthly Elliman Report, an in-depth look…

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